Sanghvi Brands Ltd Addresses Price Movement Inquiry to Exchange
Sanghvi Brands Ltd issued a statement on April 8, 2026, addressing a notice received from the BSE regarding clarification on price movement. The Company stated that it has furnished all necessary events and information to the Exchange(s) over time that affect the operation or performance of the Company, including all price sensitive information, as required by regulations.The company confirmed that it has not withheld any material information or event, nor are there any impending announcements expected to impact the price or volume behavior of its scrip.
In its statement, Sanghvi Brands Ltd indicated that the increase or spurt in the volume of its scrip is entirely attributed to market conditions, suggesting it is market driven, and is beyond the control of the Company.
The company reiterated its commitment to maintaining the highest standards of corporate governance and giving utmost priority to regulatory compliances.
Stock Price Movement
At the close of trading on Monday, Sanghvi Brands Ltd settled at ₹12.70, climbing 17.59%. The shares traded throughout the day, finding support between ₹12.60 and hitting a high of ₹12.75.Source:
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